InterDigital Announces Financial Results For Second Quarter 2020
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InterDigital (IDCC) Tops Q2 EPS by 8c, Revenues Beat
August 6, 2020 8:35 AM EDTInterDigital (NASDAQ: IDCC) reported Q2 EPS of $0.72, $0.08 better than the analyst estimate of $0.64. Revenue for the quarter came in at $104.5 million versus the consensus estimate of $99.34 million.
Second Quarter 2020 Financial Highlights
Second quarter 2020 recurring revenue was $85.2 million, compared to recurring revenue of $74.4 million in second quarter 2019, a 15% increase. This increase was driven by new patent license agreements signed over the last twelve months, including with... More